EAA Web Session 'LLM Principles and Case Studies for Insurance' on 24/25 October 2024

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EAA Web Session 

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LLM Principles and Case Studies for Insurance

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24/25 October 2024 | 9:00-14:30 CEST

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Today, Generative AI and LLMs (Large Language Models) represent a major area of innovation in the insurance and actuarial fields. These models offer promising perspectives for transforming operations, services, and risk understanding.

Projects may focus on simple operational tasks. In that case, LLMs are used for data quality improvement, information extraction, text classification, question-answering systems, summary, etc. But these projects may also be related to more advanced topics related to risk assessment like underwriting risk evaluation, claims knowledge graph, etc.

In any case, and despite their potential, putting these technologies into production remains a challenge: model complexity, lack of adaptation to specific domains, unmet business expectations, IT constraints, costs and maintainability that are difficult to master, etc.

For these reasons (and many others), it seems increasingly necessary to have a solid culture in LLM applied to Insurance. The aim of this workshop is to:

  • Acquire a solid understanding of the origins, development, and technical properties of Large Language Models, with a particular focus on their application in the insurance and actuarial sectors.
  • Learn how to effectively transform and represent data to optimise its use in LLMs, understanding the importance of cleansing, segmenting, and embedding.
  • Develop practical skills for using LLMs, including prompting, fine-tuning, and handling various tasks such as data extraction, classification, and summary creation.
  • Understand methodologies for evaluating, developing, and deploying LLM projects, with a clear understanding of operational challenges, security, and quality.
  • Explore and apply the knowledge gained through real-life case studies, focusing on solving problems specific to the insurance sector, to reinforce learning and encourage innovation.

Participants will embark on a journey from understanding the basics of what LLMs are, including an overview, specifications, evaluations, and their pros and cons, to mastering how to effectively utilize them through various techniques such as prompting, and fine-tuning strategies.

A dedicated part will focus on strategic implementation, featuring case studies and real-world challenges to equip attendees with the knowledge to initiate their own projects or integrate LLMs into existing workflows.

By the end of the workshop, participants will have a solid foundation in the operational and strategic aspects of LLMs, enabling them to harness these powerful tools for a wide range of applications in insurance and risk management.

Your early-bird registration fee is € 480.00 (net) / € 571.20 (incl. VAT, if applicable) for bookings by 12 September 2024. After this date, the fee will be € 625.00 (net) / € 743.75 (incl. VAT, if applicable).

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Details

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Programme

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Registration

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Coming soon...

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Assets and Liabilities Management (Part 1: Introduction) | 16-18 September 2024

Assets and Liabilities Management (Part 2: Advanced) | 14-16 October 2024

Introduction to Natural Catastrophe Modelling | 17 October 2024

...and a lot more! Explore our website for more information or download our overview.

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actuarial-academy.com

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Stampa   Email